BUILDING PEOPLE'S ECONOMIC EMPOWERMENT IN SHARI'AH CONSTELLATION: AN OVERVIEW OF THE ROLE OF ZAKAT AT THE MICRO AND MACRO LEVELS
Abstract
Zakat is one of the instruments to build the empowerment of people in the economic field. Zakat affects economic development at the micro and macro levels. In other words, zakat has a wide impact on society. Zakat stimulates and promotes the development of the real sector economy. Zakat affects income, increases consumption and production, expands employment, fosters investment, and affects other economic activities as a whole. As one of the fiscal policies in Islam, zakat can also help alleviate poverty and cope other social problems associated with financial issues. Therefore, zakat needs to be institutionalized and managed professionally so that the potential of zakat can be absorbed optimally in order that t zakat can contribute as much as possible for the welfare of the people.
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